Access to quality education can be difficult, especially for students who face financial limitations. The Security Bank External Scholarship was created to help bridge this gap and open more doors for deserving learners.
The Security Bank Foundation External Scholarship offers financial support to students who may not qualify for typical scholarship programs, giving them a fair chance to pursue higher education.
In this article, you’ll find everything you need to know about the program—its qualifications, requirements, how to apply, and more.
About the Security Bank External Scholarship
Established on August 25, 1993, the Security Bank Foundation, Inc. (SBFI) acts as the charitable arm of Security Bank Corporation (SBC).
SBFI is dedicated to reducing poverty through education by implementing initiatives such as classroom construction, teacher development programs, and various scholarship opportunities. These efforts aim to uplift Filipino youth and contribute to a stronger future for the country.
The SBC Scholarship Program includes three main components:
1. Security Bank Foundation Scholars for Better Communities Scholarship Program (External):
This initiative offers financial assistance to qualified students who are not connected to the bank, particularly those enrolled in partner institutions. It promotes equal access to education and supports degree programs relevant to banking operations.
2. Internal Scholarship Program:
This supports Security Bank Group employees and their children, helping strengthen employee development and retention.
3. Regalo Mo, Kinabukasan Ko (RMKK) Scholarship Program:
This provides educational aid to Security Bank agency personnel and their children, helping them access better learning opportunities and improve their quality of life.
The Security Bank External Scholarship falls under the first initiative—the Scholars for Better Communities Scholarship Program.
It focuses on assisting deserving students outside the bank’s workforce, giving financial support to learners from different backgrounds.
The program ensures equal opportunity for students studying in partner schools and prioritizes courses closely related to the banking industry.
Eligibility Security Bank External Scholarship
To qualify for the Security Bank External Scholarship, applicants must meet the following criteria:
• Be a graduating Grade 12 student from either a public or private school
• Have a General Weighted Average (GWA) of at least 93% or its equivalent
• Have no parent currently working for Security Bank
• Have no immediate family member (within the second degree of consanguinity or affinity) who is already a Security Bank scholar
• Have no other existing scholarships, except for discounts provided by their school
• Must plan to enroll in one of the eight partner schools within the NCR
These requirements must all be met to be considered for the program.
Eligible Courses
The Security Bank External Scholarship is open to incoming college freshmen who plan to take programs aligned with banking, finance, and related fields. You may apply if you intend to pursue any of the following degrees:
• Accountancy
• Accounting Information System / Technology
• Internal Auditing
• Marketing
• Financial Management
• Industrial Engineering
• Management Engineering
• Applied Mathematics
• Business Analytics / Statistics
• Data Science
• Computer Science / Technology
• Information Systems / Technology
Before submitting your application, double-check that your chosen program is included in the list.
Benefits Security Bank External Scholarship
Successful scholars under the Security Bank External Scholarship receive yearly financial support until they finish their undergraduate degree.
For State Universities (e.g., UP, PUP, PLM)
• Stipend: ₱25,000 per half-semester or ₱100,000 per school year
(Released through the partner institution)
• Tuition & Miscellaneous Fees: Fully covered by the government through the Free Tuition Law
For Private Universities (e.g., Ateneo, DLSU, UST)
• Stipend: ₱12,500 per half-semester or ₱50,000 per school year
(Released through the partner institution)
• Tuition & Miscellaneous Fees: Covered up to ₱100,000 per year
Note: All financial aid follows the yearly maximum limit and depends on the actual length of the academic term.
Non-Monetary Scholarship Benefits
Aside from monetary assistance, scholars will also enjoy additional opportunities such as:
• Internship placements with Security Bank or partner companies
• Participation in various CSR initiatives
• Access to exclusive training programs, workshops, and learning sessions
These are designed to help scholars build both professional skills and personal development.
Also Read : OWWA Congressional Migrant Workers Scholarship (CMWS)
Application Process
To apply for the scholarship, you’ll need to complete a few essential steps and submit all required documents within the given schedule.
Below are the official dates you need to remember:
Application Timeline
• Opening of Applications: May 28, 2025
• Deadline of Applications: June 30, 2025
Make sure your application is complete and submitted on or before the deadline to be considered for the program.
Requirements
Applicants need to prepare and submit the following documents at each stage of the Security Bank External Scholarship process.
A. During the Application Stage
1. Completed Online Application Form
2. Your most recent Grade 12 Report Card
• Must show your final General Weighted Average (GWA)
• If the final GWA isn’t available yet, upload the latest grading period
3. Proof of your family’s financial situation (submit one based on your parent/guardian’s employment status):
• Latest Income Tax Return (ITR) – for employed parents/guardians
• Certificate of Indigency – for unemployed parents/guardians
• Copy of OFW Employment Contract – for those working overseas
4. Proof of Admission – an Acceptance Letter from any of the 8 Partner Schools
5. Your Birth Certificate
6. A recent Portrait Photo (formal photo only)
B. Once Accepted Into the Scholarship Program
1. Certificate of Enrollment or Registration Card for A.Y. 2025–2026
2. The official School Calendar for A.Y. 2025–2026
3. The school’s Grading System
• Required only if the school does not use a percentage (%) grading format
4. Your Program or Course Curriculum
5. A Government-issued ID of your parent/guardian (for notary requirements)
How to Apply Security Bank External Scholarship
Step 1: Visit the Security Bank Foundation External Scholarship Website
Go to the official Security Bank Foundation website. Look for the scholarship section or directly open the External Scholarship page.
Step 2: Open the Application Link
Click the application link to access the online form. Make sure you’ve prepared all required documents for uploading.
Click the button provided to open the online application form.
Step 3: Fill Out the Application Form
Enter all required personal and academic details accurately. Upload the supporting files as instructed.
• Add your Email
• Choose your School from the dropdown list
• After choosing proceed to the next section
• Select your Course (visible in both the form and the list)
• Click Next
• Scholar Application Details
Last Name
Middle Name
Suffix
Gender
Birth Date
Age
Active Mobile Number
Active Email
Current City or Municipality
Application Scholar Details
Name of School where you finished Grade 12: Write the full school name, no abbreviations.
Incoming year level
Latest GWA (actual) for Grade 12:
Enter your General Weighted Average (GWA) as shown on your report card (e.g., GWA = 1.75 / A+ / 91%).
Latest GWA in percentage (%) for Grade 12:
Provide the percentage equivalent of your GWA.
Lowest Final Grade received in any subject (actual) :
Include the lowest final grade received, in actual grade (e.g., 2.75 / C / 83%)
Lowest Final Grade received in any subject (actual and in percent %):
Include the lowest final grade received, in percentage grade (e.g., 2.75 = 78%)
Click Next to continue
Step 4: Academic & Leadership Achievement
If applicable, list your leadership roles or achievements for A.Y. 2023–2024.
A) SCHOOL LEADERSHIP:
• Include the organization, your position, and the level (e.g., JPIA, President, School level)
B) COMMUNITY LEADERSHIP:
• Include the group, your role, and level (e.g., Cavite Youth Organization, President, Barangay)
C) ACADEMIC ACHIEVEMENTS:
• Example: Competition, Level, Date Won (e.g., 1st Placer in Math Quiz Bee, Grade 3, December 15, 2021)
• Example: Recognition/Rank, Level, Term (e.g., Dean’s Lister, College 1, 2nd term, SY 2021–2022)
Click Next to proceed.
Step 5: Upload All Required Documents
Submit all files using the required naming pattern:
Report Card or Portal screenshot showing latest Grade 12 grades with GWA
Proof of Admission / Acceptance Letter / Enrollment Certificate from any of the Foundation’s 8 Partner Schools (S.Y. 2025–2026)
Income Tax Return (ITR) / Certificate of Indigency (unemployed) / OFW Employment Contract with compensation details
Birth Certificate
Most recent portrait photo (strictly no selfie)
Step 6: Acknowledgement
Confirm that all information you provided is true and that you are not receiving support from any other college scholarship provider.
Click Next to continue.
Step 7: Data Privacy Consent
Read the privacy policy and click to agree.
Then submit your application.
After Submitting:
You will receive an email confirmation.
Make sure your contact information remains active and updated so you won’t miss any scholarship-related announcements.
Screening and Selection Process
Every application for the Security Bank External Scholarship goes through a well-organized review process. Here’s how it works:
1. Online Submission Only
• Applications must be submitted through the official online portal. Any other method will not be accepted.
2. Initial Screening
• Eligible applications are forwarded to the scholarship coordinators of the eight partner schools.
3. Application Validation
• Security Bank Foundation may verify your details through a phone call or email.
• Ensure your contact information is correct and active in your online application.
4. Interview Process
• Those who pass the first review will be scheduled for an interview, either virtually or on-site.
5. Notification of Results
• Successful applicants will receive the results via phone call and email.
• Keep your contact numbers and email updated and regularly checked.
6. Contract Signing
• Accepted scholars and/or their parent or guardian must sign the scholarship contract to finalize their admission into the program.
List of SBFI Partner Schools
The Security Bank External Scholarship is offered exclusively to students enrolling in any of these partner institutions:
1. Ateneo de Manila University
2. Chiang Kai Shek College
3. De La Salle University – Manila
4. Far Eastern University – Manila
5. Pamantasan ng Lungsod ng Maynila
6. Polytechnic University of the Philippines – Manila
7. University of the Philippines – Diliman
8. University of Santo Tomas – Manila
Make sure your preferred school is included in this list before applying.
Terms and Conditions
By accepting the Security Bank External Scholarship, beneficiaries agree to comply with the following guidelines throughout their college journey:
▶ The scholarship starts in the first year and continues until graduation, provided the student stays in the same program.
▶ Scholars must enroll in at least the minimum required number of units per term, based on their school’s rules.
▶ Scholars must maintain:
• A General Weighted Average (GWA) of at least 86%
• A minimum grade of 80% in every subject each term
Scholarship Renewal Requirements
To keep receiving the benefits of the Security Bank External Scholarship, scholars must renew their scholarship every term. Renewal depends on academic performance and complete submission of the following:
1. Completed Online Renewal Form
2. Certificate of Enrollment or Registration Form for the next term
3. Report Card or Transcript of Records
• Must show the General Weighted Average (GWA) for the previous term
4. Assessment of Fees for the upcoming term
5. Updated Grading System from the school/university
• Required only if the school does not use a percentage (%) grading system
6. Reconsideration Letter
• Needed only if the scholar did not meet the grade requirement in any subject
Submit all requirements on time and in full to avoid losing your scholarship privileges.
Grounds for Termination:
The scholarship may be discontinued if any of the situations below happen:
1. Not submitting renewal documents on or before the scheduled deadline
2. Falling short of the required General Weighted Average (GWA)
3. Getting a failing, incomplete, or dropped grade in any academic or non-academic class
4. Moving to another school
5. Switching to a program that isn’t part of the approved list of courses
6. Postponing enrollment for an entire school year unless it’s due to a health-related issue
7. Violating school rules while enjoying the scholarship benefits
8. Receiving another scholarship, except for school-granted discounts
Final Thoughts:
Education opens doors to countless opportunities, and Security Bank continues to support this mission by offering scholarships that empower young learners. By nurturing students today, Security Bank is helping shape future leaders and strengthen communities.
With scholarships available across different fields and levels, the bank shows its commitment to helping individuals grow and reach their highest potential.
If you’re looking for financial support to continue your studies, consider applying for a Security Bank scholarship.
Take this chance to pursue your goals and begin your journey toward a brighter, more promising future.
Start now by submitting your application.
Frequently Asked Questions
1. Can I apply for the scholarship if I’m already in college?
No. The program is only open to incoming freshmen.
2. Do applicants need to be accepted by the partner school before applying?
No. You can apply even without acceptance yet. Just upload your proof of application during the initial stage. If you move forward to the online interview, you’ll need to submit a certificate of acceptance from the partner school.
3. Do they accept students taking courses not included in the eligible list?
No. Only programs aligned with banking operations are qualified, such as Accountancy, Accounting Information System/Technology, Internal Auditing, Marketing, Financial Management, Industrial Engineering, Management Engineering, Applied Mathematics, Business Analytics/Statistics, Data Science, Computer Science/Technology, and Information Systems/Technology.
4. Do they consider applicants studying outside partner schools?
No. The scholarship is limited to students enrolling in any of the eight partner institutions: Ateneo De Manila University, Chiang Kai Shek College, De La Salle University – Manila, Far Eastern University – Manila, Pamantasan ng Lungsod ng Maynila, Polytechnic University of the Philippines, University of the Philippines – Diliman, and University of Santo Tomas.
5. I haven’t received my Grade 12 final grades with GWA yet. What should I submit?
You may upload your 1st-semester grades or 2nd grading period grades with GWA. Your high school Transcript of Records (TOR) will be required if you move forward to the interview stage.
6. I’m an incoming freshman but stopped studying last year because of financial issues. Am I still eligible?
Yes, as long as your break from school did not exceed one academic year.
7. Can I still apply even if I’ve applied to other scholarships?
Yes. You can apply while waiting for results from other scholarship programs. If you get accepted into more than one, you must choose which scholarship to keep.
8. Am I allowed to apply if I already have an existing scholarship?
No. Students with an existing scholarship grant are not eligible.
9. I just submitted my application and I’m worried about the slots. Will all applications be reviewed?
Yes. Every application submitted within the official application period will be evaluated.
10. I can’t submit my form because the portal requires my Tertiary Education Information. As a Grade 12 student, what should I enter?
Provide the course you intend to take and the college you’re planning to enroll in.
Sample Answer:
Are you currently enrolled: No, I’ve graduated
College Expected Year of Graduation: 2025 (4 years after)
11. Are online grades or portal-generated grades accepted?
Yes, as long as they include your General Weighted Average (GWA). If you qualify for the interview round, you’ll later be asked to submit your high school Transcript of Records (TOR).
12. Are there specific guidelines for the portrait photo? Does it need to be formal? Is a 2×2 photo acceptable?
Yes, a 2×2 photo with a white background is acceptable. It doesn’t have to be formal, but you should look neat and your photo must be high quality.
13. If I applied to three partner schools, do I need to upload proof of application for all of them?
No. You only need to upload proof for one school—preferably your first choice. If you advance to the next stage, you’ll be asked to update your details.
14. How will I know if I qualify for the scholarship?
Within a month after the application deadline, the Foundation will contact applicants who qualify for the next step, which is the online interview. Make sure your contact details are accurate.
15. My parent is an OFW and doesn’t have an ITR or Certificate of Indigency. What document should I upload?
You may submit a copy of your parent’s employment contract showing their salary. Remember to provide proof of income for both parents so your application can be processed without delays.
Notice: Information Disclaimer
Please note that scholarshipclick is not a scholarship provider or engage in hiring activities. It is strictly an informational resource designed to help users understand the various scholarships and grants available.
We don’t process applications, but we do provide helpful guides and resources on how to apply for scholarships and navigate the admissions process.
As always, we recommend checking the legitimacy of any information you come across.
All details on this site are provided for informational purposes only. Be sure to confirm anything important with the official sources listed at the end of our pages.
References:
1. Security Bank Foundation. (n.d.). External Scholarship Program. Retrieved from
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